3531 10TH AVE S MINNEAPOLIS MN 55407

PID: 0202824310058

Property Overview

Parcel ID0202824310058

Lot Size8,341 sq ft (0.191 ac)

Lot Dimensions (est.)127 ft wide × 66 ft deep

Year Built1897

Property ClassRESIDENTIAL-TWO UNIT

OwnerK KNAPP & S GRANDFIELD

Assessed Value$409,300

Land Value$113,000

Building Value$296,300

Annual Tax$8,449

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,152/mo

Renter-occupied30.0%

Median home value$271K

Vacancy rate2.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 96

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width56 ft

Buildable depth86 ft

Area~4,834 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 4,834 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3539 10TH AVE S MINNEAPOLIS MN 55407	G G MORENO & M D S GILES	RESIDENTIAL	$326,000	50 ft
3525 10TH AVE S MINNEAPOLIS MN 55407	KRISTINE A NELSON	RESIDENTIAL	$452,300	66 ft
3541 10TH AVE S MINNEAPOLIS MN 55407	ROBERT D ZEMAM	RESIDENTIAL	$176,000	81 ft
3521 10TH AVE S MINNEAPOLIS MN 55407	ELLISON GRIEP	RESIDENTIAL	$281,000	116 ft
3543 10TH AVE S MINNEAPOLIS MN 55407	ERIN E MELZER	RESIDENTIAL	$194,800	132 ft
3532 11TH AVE S MINNEAPOLIS MN 55407	PIERRE C LACASSE	RESIDENTIAL	$150,600	139 ft
3534 11TH AVE S MINNEAPOLIS MN 55407	LENORA G FINLEY	RESIDENTIAL	$239,300	139 ft
3526 11TH AVE S MINNEAPOLIS MN 55407	WAYNE T MEUCHEL	RESIDENTIAL	$218,000	146 ft
3519 10TH AVE S MINNEAPOLIS MN 55407	DANIEL E STENSBY	RESIDENTIAL-TWO UNIT	$295,200	150 ft
3540 11TH AVE S MINNEAPOLIS MN 55407	SVEDAHL INVESTMENTS LLC	APARTMENT	$1,050,000	153 ft

Property History

Most Recent Sale

Date202006

Price$361,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,449